Industry ranking
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 34 | 72% | 18% | 10% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 31 | 89% | 3% | 8% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 27 | 90% | 10% | 0% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 26 | 95% | 4% | 1% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 26 | 87% | 13% | 0% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 24 | 95% | 3% | 2% | 22% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 23 | 90% | 10% | 0% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 19 | 98% | 1% | 1% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 23 | 91% | 7% | 2% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from invoice date
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
At ScottishPower we try to resolve any invoice disputes or queries as quickly as possible. Queries regarding the status of an invoice can be directed to the Accounts Payable Team via the following email address; supplieraccounts@scottishpower.com. Additionally we also offer a web portal service that allows suppliers the ability to register and then login and view the status of their invoices and when they will be paid. To register for the web portal please use the following website; https://www.iberdrola.com/webprovc/register/register.action For specific contractual disputes please contact the individual who initially ordered the goods or services provided. The agreed contractual dispute process will then be followed.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
SP Smart Meter Assets Limited is a Scottish-registered company whose registered activity is the renting and leasing of machinery, equipment and other tangible goods, specifically smart meter assets. It forms part of the wider ScottishPower group, which is itself part of the Iberdrola Group, a global energy business focused on regulated network distribution, transmission and low carbon generation. While the group operates energy supply, networks and renewables businesses across the UK, this particular entity's registered function relates to holding and leasing smart meter equipment used within that wider energy operation, rather than undertaking energy generation, supply or network activity itself.
Generated from the company's website and Companies House records. Sources: scottishpower.com